laws anyone transacting with cryptocurrency must meet their tax obligations. so, this also has to do with people transacting with $20,000 or more worth of crypto, so. all right, back to you guys. >> yeah, particularly pertinent where bitcoin has had

action there now today's drop wasn't as bad as yesterday's tech wreck. they look alikes got clobbered but this is a strong move. facebook and alphabet have done anything this year up 15% in 32% respectively that's because they're about advertising, they're booming thanks to the reopening. netflix is off more than 8%! [ baby crying amazon is up less than 1% even though it shot the lights out. apple's actually amazing

quarter. apple's actually down 3% meanwhile, the largest copper miner around 60% so far. new steel plaza, we had them on recently 39% 75% they're leaving big tech in the dust but you know what? i'm not ready to give up on faang. i'm going to tell you why. first, faang is not a real thing. it happened a long time ago. we should not have calibrated that that's up 11% for the year it doesn't scan well these companies don't necessarily have that much in common this is the year to own facebook and alphabet other years, they were better for netflix or amazon or apple don't assume they all deserve to trade together etfs put them together astealing

my faang, of course. we're having a boom in this country. we have a low interest rates that's pretty money. and president biden and there is a car in every garage. this is a once in a lifetime boom, people and with the economy, this good, that is a lot less enticing. look at the long haul, will you. over the last ten years, facebook is up 724%. amazon is up 1,559%. net flex is up 1,408%. by the way, microsoft is up 856% the same period. s&p 500, how did they do up 212%. dow, how is that going 156% that's hardly opt mall these are great. doesn't this merit something these are hall of famers

now the best performer in the group. but over the long haul, it is one of the and they double down. they don't last. sooner or later, they bust the federal reserve sees inflation getting out of control and slams the brakes on the economy by raising interest rates. i don't think that's going to happen soon. they have jay powell and adamant he won't start tightening until we're up to full employment. it always does happen. once the economy slows down, the cyclical stocks collapse investors flop to faang plus microsoft. the stocks are spectacular winners any time there is a slowdown s is so loved right now. there is a self correcting there are no ses la scares you don't see kathy wood's portfolio. she'll be on friday.

not this show. tesla is incredible. but think about this does tesla make a lot of money no how would it do without government subsidies good question. is there a huge organization of great people under elon musk we have no idea. suppose he decided to retire what happens then? who knows. maybe he will go on "saturday night live" and he will retire the faangs are huge. they're not sensitive to the whims of the consumer. they can reinvent themselves when they want fifth reason, they knew. in fact, we invented them. facebook bought instagram and that made them huge. they helped boost sales. they have many other service that's are going barely and monday he ties amazon was a good seller, then it was a web service company and then alexa who responds to your every whim. it never stops even when you wish it would. apple used to be apple computer. then it got into music players and cell phones and accessories,

now they have a rapidly growing service that came out november where. how netflix. and now it's also in studio. alphabet was the google business then they bought youtube and google cloud let's throw-in facebook anyway a bunch of adjacent businesses now azure, cloud infrastructure offering, the biggest of all what about the cyclical center on fire right now? free port which is a copper and gold company used to be a copper and gold company he was in the iron orr business. there is flying competitions and free it is port had to get money to survive the faang stocks don't have to do that. i know they're out of favor in the wall street fashion show you have to resist the urge to believe that they're dumping on the obituary chatter always own apple don't trade it.

for this year, i'm a chump for this year. now you can argue i'm cherry picking. there are plenty of other companies at the rival faang i disagree time and again, the financials and r.s and airlines and even most health care companies have run into trouble no one is really laid a glove on faang. you know why that is it's because faang owns the future when you have young smart people on your side, you're going to win. that's what these companies are offering let me put it this way these days the best and brightest want to work for the big tech companies when i graduated from school, the kids were the best grades generally went to wall street. then again, stanford was the backup school. 70s and 80s, they were a different and dead world as much as i may like the steels and coppers and garden variety industrials, they're not going to see the resumes that faangs

get. rich ridz are not pulling strings to get them hired. they want them to work at facebook or alphabet maybe the kids do too. you can't bite the business cycle. but in the booming economy, we'll wind down and then the whole faang cohort will come roaring back f you're nimble, you can swap out of the stocks and swap back in that's way too hard for me and many people to pull off. that's why i remember maintaining a diversified portfolio. you can have a faang name or two. because you never know when they are going to turn around but they will turn around. and when they do, i promise you'll regret babandoning them. rambo. >> this is rambo from san jose i'm with my 8-year-old daughter and my 6-year-old son. we are plus members. we're so thrilled we stayed patient with you on ups. thank you for that, brother. >> ups we nailed that one we went along with it.

thank you so much for that what's up? >> caller: awesome jim, i'm trying to get the kids to make their own investment decisions and eva has a question she wants to ask you directly. she recorded this message for you. here is eva. >> boo-yah this is eva from san jose. we love your show. it's so educational. here is my question. a lot of kids and adults are so doing online work. i think you should invest in dell i also have amd, apple and nvidia i want to know if you think it's a good idea to invest in dell as well thanks >> all right that kid has horse sense i want to text michael dell's fabulous. and that is a great pick i really want to appreciate our viewers who invest together. of that's what this show is about. people keep misunderstanding

this show. sometimes they don't understand. fwz that phone call. okay and about helping young people to get involved in the market. dell is terrific james in ohio. james? >> yo, jim it's blind jim from clooeld. clooed? >> what's going on >> caller: all right, so vaccines started to rollout, i got into mckeson for the distribution they're over $190 now. should i get more in this since boosters are rolling out and stuff or do i get out? >> i don't know. i'm always afraid that analysts will downgrade the group let's see what happens tomorrow. i think mckeson is the best of the lot though i want to see if there is down grades in the group and then we can take a swing all right, now i want to talk to chris in texas if i can.

>> you know what that turns out to be the last call and -- holy cow. there is the music and i do love that more than ever can i go back? to the young person that asked about dell eva? eva, you're why i do the show. okay really plau plain and simple when you're ten years from now and own robinhood, we'll still be working together. faang will will turn around. so have a diversified portfolio, cyclical exposure. i love that. but also some faang exposure on "mad money," ceo pay is a hot topic today. i'm talking about helping the environment, yes, global warming through executive compensation what is the true outlook for home goods and retailer bed bath & beyond after a noisy first few months of the year i'll talk to the ceo and in our always on remote working world, companies need more help than ever managing operations paging pager duty! i have the ceo next.

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which shows will you be getting into tonight?

how 'bout all of them. netflix. 'cause xfinity gets you really into your shows. when one burns for someone who does not feel the same. daphne, let's switch. from live tv to sports on the go. felix at the finish! you can even watch your dvr from anywhere. okay, that's just showing off. you get all of this on x1. so go on, get really into your shows. you need a breath mint. xfinity. it's a way better way to watch. industrials, they're finally getting the credit they deserve. the pattern this earning season is for industrials to report great numbers. only to see the stocks sell off. then they bounce back a few days later. it's forgiving market. but it looks like wall street is probably figure out how to handle these things. when train technologies, tt, the big maker of climate equipment maker solid quarter this

morning, the stock actually managed to rally if you don't remember, trading was created last year when they saw our favorites spun off the climate control business and merged it with gardiner and denver they went from $70 last year to $179 today, including 23% move year to date i wouldn't be surprised if they have more room to run. let's check with michael this is fun. new guy. chairman and ceo of trade technologies hear more about the quarter. welcome to "mad money. >> hey, jim, thanks for having me it's just mike thank you. >> all right, mike i'm going there. mike, this was a stunning quarter. i want to talk asg set wrong to you and your team if i didn't talk about a company that bookings up 31% organically. this is extraordinary. you're not a new company that was software company you're an old good company tell us how you did it >> the fun for me is 11 plus years in the job we did the spin and rnt with gardiner denver. we took the view of being start-up of being the new company, the

new company. and we really envisioned everything differently the organization, the model, the way we invest, our cost centers. and we're happy with kind of getting in front of it all and then clearly with indoor air quality and with that distribution, we've been if an innovation perspective integral to reopening the economy >> tell us about the distribution of the vaccine. it is to me, there was a huge article the other day in "the new york times" about how pfizer got its drugs. it was fascinating you should be part of it you are! we used something we used for the sushi business for years and made it pharmaceutical grade we did different things from technology perspective to make it happen. we got to market with mass

storage and ability to really store tens and hundreds of thousands of doses of vaccine and make that mobile that's been part of what we've been doing to support these guys >> that's incredible i'm going there. we got around 20 million new investors. they'll be interested in or that we have a lot of people coming in front of me in your seat. i never had anyone who says that approximately 2300 company leaders must be held accountable and other than clorox for a few executives, it's really -- you're going to get paid if you do well with esg if you work trade. >> it's part of the strategy itself you have to make the link that the company contributes 25% of carbon emissions in the world by 2030 if you throw transport refrigeration on that and food waste and cold storage, another ten points so more than a third of the

world's carbon emissions happen as a result of hbs refrigeration systems. we developed technology that takes that near to zero. and we embarked on a whole campaign to connect that into our science based targets in 2014 we met those in 2018 we did our targets this past year, 2030 we're trying to get everybody in line for that. we're trying to make that connection we can do good for the planet and investors by innovating in the space. we're building intensity and eliminating food waste so we pass the company around the environment and esg as a whole. >> the other day i listened to warren buffett they say this is not the way you do business. you try to make as much money as possible it is and isn't? >> people in our company, we do survey, for purpose, i had a profit the thing is you can do both if you align those two, and our

purpose is really the challenge what is possible for sustainability we know we got the technology to make that go to zero today, frankly, if we implement it all over the world we believe one company can change a industry and industry can change the planet. we believe that. and we believe it's good for shareholders look, it's been over the last 10, 12 years a really good run to prove that out. we're not asking investors to bet on this. we're up over 700% over that period of time and we're -- we've been following that same strategy and that same passion that entire time as a focus climate company now with our industrial business moving with gardiner denver, it's helped sharpen, i think, the tool even more so for us >> we always have this cliche about laser focus. i sat down and check every quarter we are the new people. perpendicular not a great -- they were not doing great under united technologies. i'm listening to you

trane wasn't doing well. laser focus is not some joke freeze >> in fact, when we were together as one company in 2008-2009 coming out of the last financial down turn, such a strategy to integrate the company, drive productivity, turn night cash and pay down debt and realizing what synergies for the shareholder, we were able to focus on trane technologies as a pure play, improve performance for the company and be recognized in terms of the multiple of the company and growth prospect. we think it's a multiple of gdp business it's regulations they're moving that way. standards are moving that way.

>> look, i'm really encourage grateful for what you did for shareholders your company is the real deal. thank you so much. that's mike lamont, chairman and ceo of trane technologies. it's tt. i like a stock that goes up 100 points in a very brief period of time that is also trying to save the planet "mad money" is back after the break. >> coming up, competing in e-commerce is a rocky road and troubling. can hopeful fundamentals put bed bath & beyond back in wall street's fast lane cramer has the ceo next.

♪ ♪ ♪ ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪

some stocks are misunderstood. take bed bath & beyond that is the home goods retailer. one of my favorite turn around stores the stock has been a roller coaster, the last time we

checked in with bed and bath, they plunged it was a widely painful quarter. i thought the story is better than it looks. over the next few weeks, it exploded higher. there is an eating frenzy. this is not like gamestop. so a few weeks ago the stock bounced between the high 20s and low 30s. then they reported headline numbers. sizable earnings same-store sales growth. but management gave what thought was many somewhat cautious talk about shipping concerns, headwinds, spook people. stock plunged 12%. since then, they haven't recovered. let's check in with the president and ceo of bed bath & beyond welcome back to "mad money." >> jim, how are you? >> i think your story is misunderstood as ever.

so let's get this thing right. let's start with what happened as a issues to fix core merchandise categories they were up 12 to 16% is that going to be able to grow along the rest of the assort snent. >> absolutely believe it will. part of that is really around the fact that stores are really coming back to being fully connected with the customer during the covid-19 moment and strength of the digital business we're seeing much more balance as we come into q-1. we're seeing real streng th wit the core categories. >> the thing we didn't talk about that is ridiculous and my bad, i'm seeing that bye-bye baby has 50% growth. is that a stand alone company, everybody in the world would be buying it. >> right it's a terrific business went through the transformation phase. we really focus on the mothership which is bed bath & beyond all eyes are on bye-bye baby to

develop it and our other business we have great plans there. the upside potential is huge >> i have always felt that when you moved over from target i could not wait to see what you had been doing private label you gave us a little bit of leg the last time. once again, kind of like costco. we might like the private label more than we like the branded. >> absolutely. i think a lot of change going on at bed, bath, & beyond that is a focal point of that. we see assets like assortment and dibgital and like stores. fully cure yating our assortment, rescaling, scrubbing through the categories and rooms to reset them, redefine them with getting back into stock with national brands and then the pinnacle of that is eight new brands introduced in 2021, three of them in this quarter alone and off to a great start. >> now when we -- if we were to

go visit the new pilot stores which i hope will not be pilot i hope they'll be the stores what will they look like versus, say, the union county store that i live a mile from which, of course, was the initial bed and bath >> what you'll see is wider aisles, better lighting. probably 20% to 30% less assortment with curated that we brought the eye line down with he have more assortment and clarity. the rooms reset to show our strengths and really featuring the great owned brands and national brands with a focus on clear value communications and signage. the stores are blue. they're strong, fresh. it's a new bed bath & beyond >> we no longer have the 18 different kinds of hangers, the seven different kinds of trash cans, all of that kinds of thing, you know, the 40 different frying pans. we have eliminated that, right >> well, that's in the past.

but, you know, what we found out from our customers, it was too confusing. it was a visual clutter. mental clutter price point clutter. we really defined what our competitors and what our competitors do well and what our customers need from opening price point to a good, better, best strategy in each of the categories where we have bed, bath, kach, decor. starting with those and doubling down to refresh, simplify and kind of create this new authority in our spaces. and so for our customers absolutel absolutely loving it and on track for all the metrics. >> i know we should never look back you're for it. i spend a lot of time with the old guys and they spent a lot of money buying back stock but not putting night systems. they spent a lot of money buying stock down but not really in e-commerce you've turned it up side down. you're saving money but putting it in the systems. a big chunk going to systems and this e-commerce is exploding

for you. not to month numbers are extraordinary. >> yeah. look, that's maintained into q-1 as well, jim what we've seen is explosive growth last year we were really right siding that business we're still seeing growth this quarter. but you're right we were not investing in the right places we've been able to survive, reinvest that cash which was already strong cash pool put it back into technology, investment, team and that is really driving the change in our business so allthe transformation, $450 million over the next couple of years, is fully funded the stores and i.t. side we have further investment in the customer business. that is fully funded we've got our capital in play and off and running. >> esg is important, beginning actually -- well, since you got there. but to day, very important

initiative m please give us -- i give you the floor. this is so important to us >> my team is fortunate to work with bem that are passionate and dedicated. and we found an empty space here we have an opportunity really double down on what is important to us. and important to our team and definitely important to our customers and shareholders and that's esg creating three pillar program. it will be launched to day the we're very, very excited about this not only have we transformed the fundamentals of our business and the strategic intent to include esg. focus on our team. diversity, inclusion, a place to belong and really investing in the power of our teams secondly, in terms of the community, and ensuring in the places and neighborhood that's we go, we make that safe and give a sense of home and really unvesting in those communities. and lastly, the community we all live in the planet and make ready for a better tomorrow for the next generation. investing in being netzero by 2040 and also creating more

access to sustainable products across our assortment. really proud of the work the team have done here. >> you should be someone that is did a lot of fund-raising in the community, i never thought to go to bed bath. win the ten miles out of my way to target they always gave me everything i always wanted for anything i tried to raise money for. you were doing it right, sir that's president and ceo of bed bath & beyond. this is bbby this is nothing like the old days it's much better mark i, love it when you're on the show thank you. >> thanks so much, jim. >> okay. "mad money" is back after the break. coming up, this stock doubled in past year but has the chance to ring the register past on pager duty. much cramer sits down with the seattle next

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what would we say to start speculating on the enterprise softwar software stocks again. they did the great reopening plays:there is great long term stories and growth they're just not what the market seems to want at this moment with the booming economy still at some point they're going to come back with style on the wall street fashion show so we have to stay close to the stories which brings me to pager duty a company that helps clients monitor the online presence so they can spot problems like allergies and fix them now pager duty put up some incredible gains last year serving from $12 at the lows in march to $58 in the peak a few months ago pandemic proved the technology is essential to all sorts of companies. they were forced to go digital in a hurry, right? so since then, the stock has

gotten slammed $39 as of today. didn't help that they gave some okay guidance. made a comeback last month that fizzled i think digitization is the new norm eastbound with enterprise software is out of favor with most money managers. so we have to check with jen, the chairperson and ceo of pager duty get a clear read on the outlook of what is going on. jen, welcome back to the show. >> so great to see you, jim. thanks for having me >> it's been way too long. it's been 18 months since the ipo, since we've seen you. i think your company has kind of reinvented again i know five years ago it reinvented when you got there. talk about what is going on, particularly in light of the pandemic and as everyone out there says, wfh. >> well, during the pandemic, we saw digital transformation accelerate our customers had to become digital, you know, digital companies overnight. and digital business became their business

and as a result, pager duty became essential infrastructure to help customersdeliver those perfect digital experiences in the moment that counts and what we also learned is all the conveniences that consumers and employees have grown to expect, they're not going to give them up now that the pandemic is receding and as they return to hybrid work environment, they're going to continue to expect the wonderful digital experiences. and that bodes well for pager duty that digital transformation. this is what enables all the digital operations to work seamlessly the hybrid working environment we think bodes well for pager duty >> classic scams, retailer that may have a recall. we obviously want everyone in that retailer to know pager duty does what for them, particularly now that some of those people's executives are at home >> well, pager duty may notify all of the staff and all of the

important executives in the organization of the recall is indeed happening and how it is progressing, for instance. so it's not just technology incidents that we serve. it's many use cases. and what they all have in common is they tend to be unpredictable, unstructured work that needs to be orchestrated quickly across multiple teams. pager duty does that seamlessly, leveraging a.i., machine learning and more recently automation through our acquisition of run deck. >> you have the customers, you have a great customer list, morgan stanley, netflix, fantastic, drop box. octa we regard it as the perfect he mere security company of our time we had todd mchenry on many, many times why does he need pager duty? he's a genius that comes up with all kinds of enterprise software ideas. >> well, we love todd and his team over at octa. and also now at the new company. they have to make sure the integ rift the solutions work when

they manage identity and safety for their companies and security so there is no room for error. there is no room for down time and so i think, you know, pager duty has become essential. and we have todd recently come speak to our employees and onest things he said is i want to know as the ceo how many incidents we're having, how long they're lasting, you know, whether they're impacting customers and how they're impact ourg teams. because it's not whether or not you're going to experience incidents or security hacks, it's how quickly you can respond to them, resolve them, get back to business as usual and serve your customers effectively >> you're in touch with more executives than almost anyone i know i look at that client list you really think we are going to work from home, that things have changed. that there will be a hybrid mix. i listen to jamie dimon. they don't seem to want hybrid but you think that hybrid is going to win out >> well, i think we're in the middle of a really interesting

experiment we serve over 60 of the 500. we also serve the startups on the planet and what we find is there is a wide variability of how these companies are thinking about work but a couple of themes are emerging most of our companies are imagining a world where they are digital first. where digital is the default second, we know through gardiner that 82% of leaders anticipate allowing some part time remote working. and third, we know that employees want flexibility what that means for companies is a lot more complexity. it was really easy to manage remote work when everybody was remote but now when you don't fwhoe is in the office when and which teams are co-locating and which teams are not. that means you have to prepare for distribution it means that applications and services that employees use have to be easy to use. they need to experience quick time to value and work together

seaml seamlessly that is the way pager do you think ji designed. this experiment that we're running, it's going to require systems that help reduce complexity and give employees access to the technology they need in the seconds that they need it. >> given the nakfact this is ono the great booms for your company. i struggle if if i were. the opportunity became much bigger the market is much bigger. how i do balance profitability versus growth? and i might favor growth over profitability right now. this is a great moment >> we're very early in our journey. we're early in that tam and many customers are getting started on the transformation even if a lot of the projects were accelerated overnight last year. and so we think about all of the things that we can do to expand the products and services on our platform growth continues to be a priority for us. but we try and do it efficiently. i'm proud that we deliver cash

flow positivity this last year and we continue to see economies of scale as we grow the company. so we do grow with an eye towards doing that sustainbly. and a way -- in a way that delivers great return for shareholders >> i have to hand it to you, you took the challenge and made it easy for many, many other companies so that they didn't screw up in what is a monumental change in work jennifer, so glad to see you again on the show. zso great to see you too, jim. stay well. see, some companies knew that they had to help other companies make this huge shift and we're obviously not going back because we have companies like pagerduty that make it so we don't have to "mad money" is back after the break. stick around -- >> may i make a suggestion >> the lightning round is coming up next.

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accenture it is time time for the lightning round >> and then the lightning round is over. are you ready? let's start with jeff in arizona. jeff >> caller: boo-yah, cramer long time fan, my man. >> yo. what's happening >> caller: last week you had a great segment on ten high yield dividend stocks. i want to get your thoughts on luma technologies. the. >> they reported about ten minutes ago. so i do not have what is going on in the conference call. therefore, i have to defer and can't opine on it. i'm sorry.

i wish i could but it's too fresh george in missouri george >> caller: jim, i'm a member of a club and i wanted to say something about that great show you and katherine a terrific team it has been a dog. and now it's down 42% from where i bought it. i want to know if it was your stock, what would you do with it it's fastly. >> we felt there were too many issues involving who the customers are and who not and business they lost tonight they lost the cfo. they did not have a good quarter. so i can't recommend it. i think there will be even more down grades tomorrow i'm sorry. i wish i had better news i just don't let's go to david in florida david? >> caller: hey, cramer i want to get your opinion on wells fargo. i picked up shares >> buy more. buy more

buy more wells charlie is the real guy. he's got his team in there everybody wants these other banks. that is the cheapest bank. it will be the best bank i have faith in him. he may even come on the show one day. i doubt it let's go to jim in virginia. jim? >> caller: hi, jim this is jim from virginia giving you a big boo-yah! >> i'll take that boo-yah! i need it. >> caller: happy cinco de mayo in brooklyn, new york. >> thank you it's a coronavirus fest. i have the modello as well i got it what's up? >> caller: sounds good long time, first time, jim thanks for all the work that you and your "mad money" staff do and cnbc day time is the only one to watch for stock information. >> i totally agree sir, throw in the judge there. a lot of fun what's up? >> caller: no doubt, i love it

anyway, i took a small position in what i thought was a good life science from cincinnati, jim. i guess the street wasn't happy with the earnings -- the revenue of 21 guidance what do you think? hold, more help me on med pace, jim >> i think it's good i mean, i think it's good. you're right it's a life sciences oncology, it is a company that is a good spec i think you'll be fine you know, this is a strange time in the market. they're selling a lot of stoukz that are very good how about we go to byron in maryland byron? >> caller: my stock closed at $84.61 today it's at a 20-year high close to all time high with $5.6 trillion in assets under management record revenue of $16.72 billion in 30% margins my stock is morgue an stanley.

morgan stanley >> i think morgan stanley is terrific james morgan has done a remarkable job i old wells and morgan and j.p how many can you own my mistake was not owning morgan stanley. that had the best business model and goerrman is a good guy he never got in trouble with the regulators he moved out of that crazy business as it s he's a real smart guy. a good guy let's go to charlie in new york. charlie? >> caller: boo-yah, jim. thanks for all the help you give us little guys zb >> we're all little, my friend let geese to work. >> caller: tell me about triton international. >> they have all the containers. why isn't that -- why is that stock not up a lot i got to look into that. i'm going to go to -- i think i may go to our research director and find out we have to find out what the heck we have to drill down. that company's stock should be much, much higher.

there must be an issue i don't know i want to go to bonnie in florida. bonnie >> caller: hello, mr. cramer >> hi. >> caller: born and raised in new jersey living got louvife in florida ad loving your show >> what's up >> caller: i've been holding a position >> okay. i mean, you know, i'll do more work on it i reason i haven't done more work on it, it doesn't seem to have any mojo. i know that is a technical term. i doesn't have anything that i'm interested n i'll check it out for you. and that, ladies and gentlemen, is the conclusion of the lightning round! the lightning round is sponsored by t.d. ameritrade coming up, start your engines. your humble host doubles down on which iconic american auto he's taking to the car pool lane next

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so the judge put me on the spot big time today. yeah scott wapner asked me why we own ford and not general motors. after what happened to gm, how could i not cut and run for ford i was momentarily stunned. cut to the quick

i am in awe of what the ceo accomplished at general motors they have a terrific lineup of cars, trucks, suvs, currently the envy of the industry my wife is in line about one of the vehicles gm's firing on all cylinders china to the u.s. to the finance business which is booming. i'm still sticking with ford the for one simple reason. the new ceo jim farley don't get me wrong ma mary barns is a fabulous pick and i love the new hummer that can crab walk. however, farley represents a radical departure for ford and what was needed. he decided, i'm not kidding. he decided to not lose money on cars all right. before you laugh at my executive producer just did, i'm serious in terms of management flaws, there is a lot more room to improve. the old way of business is just stupid the ford motor company that's a long history of trying to make

vehicles everywhere in order to be the world's car that's a grandiose vision. there are whole continents where you rest assured that they can regularly lose money rather than focusing on the true growth markets like china. they insist on spreading too thin across regions that were never going to be that lucrative. they missed out on china almost entirely then farley took over the last year he made it clear he run ford like a normal business he set sight on making money on every vehicle. that is a whole product line including the f-150 pickup truck, best-selling vehicle in the country. plus, farley is a car guy. something that ford needed farley actually races cars in his spare time he's come out with this mustang. i wish i could say that they're flying off the lot but they've already fallen off the lot. you can't get a mustang.

you can't. why? because the car is already sold out. that's right can't get one. what about the $2.5 billion in sales that ford is leaving on the table? gmc is doing a better job of managing the semiconductor supply chain i think it's hard to fault farley like most american manufacturers, they have a just in time supply chain unfortunately farley misjudged the voracious demand for the cars and trucks. so now he's at the mercy of the semiconductor foundries. got news, a major semiconductor plant that burned down in japan. one that is crucial to ford's production more than anybody else, will be back at 50% capacity this month. it should be back to 100 by the beginning of july. if that's the case, then i'm betting ford can could have a fabulous third quarter you don't want to throw it away now in the 11 1/2 region in the end though, if you put a gun to my head and told me to pick between ford and gm first, i would beg you to take the gun away i think it's a push. however, i think we look back at

this period and how i see the moment for the u.s. auto industry which means you have to own one of detroit's finest. they're both too cheap and too good to ignore i like to say there is always a bull market somewhere. st i promise you i'd find i just for you right here on "mad money. i'm jim cramer see you tomorrow "the news you tomorrow "the news with shepard smith" starts now former president trump gets a decision from facebook i'm shepard smith. this is the news on cnbc the suspension of former president trump was necessary to keep people safe. >> and the suspension will stand, for now the response from the former president and the reprimand for facebook, from its own advisory board. when will this pandemic be over and when can we go back to normal >> an answer at last from the cdc. the new optimism and specific instructions how to stay on course